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Medient, IDA take another step forward

A film studio planning a mammoth development in Effingham County took another of its needed many big steps Monday afternoon.

July 22, 2013 | By Patrick Donahue | Business


State jobless rate climbs to 8.6 percent in June

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate increased to 8.6 percent in June. The rate was up three-tenths of a percentage point from 8.3 percent in May, but it was down five-tenths of a percentage point from 9.1 percent in June a year ago.

July 22, 2013 | Staff report | Business


Mobile center allows ports to keep going in a storm

The Georgia Ports Authority recently unveiled a new mobile command center. The MCC is a deployable unit from which the GPA can manage its entire operation.

July 18, 2013 | Staff report | Business


Medient gets its cue for studio groundbreaking

The groundbreaking has been set for Medient Studios' massive development planned in Effingham County.

July 15, 2013 | By Patrick Donahue | Business


Grant to GSU could help owners of rural businesses

Georgia Southern University's Bureau of Business Research and Economic Development (BBRED) has been awarded a $295,927 grant by the North American Development Bank (NADBank) to expand Georgia's Enterprise Network for Innovation and Entrepreneurship (GENIE) project.

July 15, 2013 | Staff report | Business


Governor ushers in inland ports deal for direct rail route

A new inland port agreement signed last week by Gov. Nathan Deal, the Georgia Ports Authority and Cordele Intermodal Services will create and expand international markets for regional business.

July 15, 2013 | Staff report | Business


GSU’s economic impact exceeds $500M

STATESBORO - The annual survey on the economic impact of the University System of Georgia reveals Georgia Southern University had a $524 million economic impact on Statesboro and the Bulloch County area and accounted for more than 6,500 jobs in fiscal year 2012.

July 11, 2013 | Staff report | Business


Study shows SSU has $148M impact on economy

SAVANNAH - An annual study of the economic impacts of University System of Georgia institutions released Wednesday proved that Savannah State University continues to be a major force in the local economy, pumping approximately $148 million into the Savannah metropolitan area during fiscal year 2012.

July 11, 2013 | Staff report | Business


Serving up a reception for a new practice

Effingham Health System welcomed its latest addition Monday with a reception for Dr. Xiaofeng "Frank" Zhong.

July 08, 2013 | By Paul Floeckher | Business


Studio ready to dig in with project

With the anticipated closing of the deal between Medient Studios and the Effingham Industrial Development Authority less than two weeks away, the first steps of work on the 1,550-acre site are under way, according to the company.

July 04, 2013 | Staff report | Business


Georgia Power seeking bump in electricity rates

The Georgia Public Service Commission is reviewing Georgia Power's request for an increase in its base rates filed with the PSC.

July 01, 2013 | Staff report | Business


Jobless rate rises across county, metro Savannah

ATLANTA - The Georgia Department of Labor announced Thursday that metro Savannah's unemployment rate increased to 7.9 percent in May, up eight-tenths of a percentage point from 7.1 percent in April.

June 27, 2013 | Staff report | Business


Jepson re-elected as chairman of GPA board

The Georgia Ports Authority board of directors has elected Robert S. Jepson Jr. of Savannah to serve a second term as chairman of the board. Jepson was first appointed to the board in 2008 and previously served as vice chairman. The new vice chairman will be James A. Walters, and Stephen S. Green will serve as secretary/treasurer.

June 25, 2013 | Staff report | Business


IDA approves bond resolution for Medient

The Effingham Industrial Development Authority's deal with a film studio took another step forward, as IDA members approved a bond resolution for the project.

June 24, 2013 | By Patrick Donahue | Business


Chamber ready to check out hotel-motel tax

The Effingham County Chamber of Commerce is making plans to put the hotel-motel excise tax receipts coming its way to use to spur tourism efforts.

June 20, 2013 | By Patrick Donahue | Business


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Articles by Section - Business


SEC halts Medient stock trading

The ousted CEO and chairman of the board has filed suit against the remaining Medient Studios board members, and the Securities and Exchange Commission has suspended trading in Medient's stock until July 9.

June 26, 2014 | By Patrick Donahue | Business


CNBC rates Georgia tops for business

Gov. Nathan Deal is celebrating the announcement by CNBC that named Georgia as the No. 1 place for business in the nation.

June 26, 2014 | Staff report | Business


Slight rise in unemployment for Coastal Georgia

ATLANTA - The Georgia Department of Labor announced Thursday that the unemployment rate in the Coastal Georgia region increased to 7.5 percent in May, up eight-tenths of a percentage point from 6.7 percent in April. The rate was 8.1 percent in May a year ago.

June 26, 2014 | Staff report | Business


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